worldtradexFX Review 2025: Is It a Reliable Broker? Pros and Cons

When managing personal finances, any lack of communication or transparency on the part of the service provider is annoying and nerve-wracking for the client, inevitably leading to mistrust and confusion. No, worldtradex does not accept clients from the United States due to regulatory restrictions. worldtradex offers a swap-free Islamic account that adheres to the principles of Sharia law. Copy and automated trading are only available on the MT5 desktop platform. The EU entity of worldtradex clearly states its regulatory status in the website’s footer.

worldtradex affirms that deposits can be made via bank wire, credit card, digital wallet, and cryptocurrency. The available methods vary depending on the client’s residence and may include local bank transfers. worldtradex does not charge deposit fees, and processing times range from instant to a few days. In 2012, it started organizing courses, and in 2013, it introduced its first bonuses. As part of its expansion, worldtradex launched a program for Introducing Brokers in 2014 and introduced the cTrader platform (currently unavailable).

worldtradexFX Trading Instruments

However, the payments we receive can influence the products, companies, or services we highlight and evaluate. worldtradex provides live quotes and detailed spread information on its website. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, Worldtradex official site where he authored over 1,000 published articles about the online finance industry.

As a Invesmtnet Opportunitites avilable at worldtradex we will mark availability of Copy Trading which is a good option for various traders.
It offers the pricing and execution experience of a no-frills broker but complements this with a range of additional services such as top-quality learning resources and copy trading options.
worldtradex does have a proprietary mobile app for trading, as well as for social copy trading (the worldtradex Copytrading app), yet it still trails behind industry leaders such as IG and Saxo.
While worldtradex is not regulated by top-tier authorities, it follows international operational standards and provides services to clients in numerous regions worldwide.

What Leverage Does worldtradex Offer?

As an ECN (Electronic Communications Network) broker, worldtradex delivers tight spreads and fast execution speed by matching your order with the best offer from another trader on the network. This plays well into your hands as you will always receive the best available price from the network, leading to cheaper trading fees and better profit potential. I opened an worldtradex trading account and tested the broker’s spreads, trading conditions, and platforms to see how they performed against 20 other brokers. In this worldtradex Review, I’ll go through my findings helping you decide if worldtradex is a broker you should consider. The differences are the platform and assets options, thats pretty much it.

Popularity among Emirati traders who choose worldtradexFX

You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. While there are definite advantages to worldtradex’s high-leverage options, there are also some drawbacks. For this reason, it’s best to proceed cautiously with leverage, even if the allowed levels are high.

worldtradex FX Charting and Tools

He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage.

In terms of trading strategies allowed, scalping, expert advisors and hedging are all permitted across each of the two account types, which is not to be taken for granted. The Pro account uses the MetaTrader MT5 platform and offers a wider range of markets than the Micro account and spreads also tend to be a little tighter. worldtradex Markets Cyprus Ltd is an investment firm registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) using the domain worldtradexFX.eu.

Furthermore, Emirati traders have complete control over the withdrawal of their accrued rebates based on the withdrawal options available. To use the VPS service, you must have an active account and a minimum deposit of $500. Yes, worldtradexFX occasionally hosts webinars and offers online courses to help traders improve their trading skills. The time it takes to process worldtradexFX deposits varies depending on the payment method chosen.

Over a week-long testing period, I probed customer support with dozens of inquiries, ranging from available tools to fees and questions relating to the security of client accounts.
worldtradex has made significant progress in a relatively short period of time.
Here you can benefit from the ICF insurance protections provided in the case of bankruptcy or insolvency.
We’re truly sorry to hear about your experience and understand how concerning this situation must be for you.Please note that we are unable to identify your account based on this message.
However, depending on the payment system, the time it takes for the money to arrive at its destination may vary.

worldtradexTrader Platform

This regulation does not provide significant protection for consumers. On the positive side, it allows worldtradex greater flexibility in leverage and instruments while still serving clients from around the globe. The dashboard includes a “Monitoring” area where users can view and share their performance, charts, profits, orders, and history with others. Both the user and any interested party can access this section to see the performance of accounts that have opted for public visibility. Additionally, the worldtradex platform features a one-click trading button that cannot be removed, which poses a risk since clicking it executes trades without confirmation.

A software provider that fails to inform clients about data-sharing policies or hidden subscription renewals can lose user trust. Clients may find themselves locked into expensive contracts or be unknowingly compromising their data privacy—outcomes that damage both the client experience and the company’s reputation. Efficient communication and transparency are especially vital in e-brokerage services, where traders put in significant time and effort to achieve positive results.

There is an economic calendar, daily analysis posts, as well as trading signals and market insights. The videos are supported on YouTube, and much of the content is archived. When it comes to education, worldtradexFX realizes the importance of your continued development and progress in the sector. They particularly cater very well for the new traders with an excellent basic training in forex including topics like how to get started with the broker, ECN trading, and technical analysis. Within Europe, the minimum deposit on the available account types of MT5 Pro is $50. worldtradex offers 24/7 customer support but doesn’t provide an option for phone support.

The number of instruments on offer is relatively limited, and areas of the site could do with being more transparent as it can be hard to pin down certain facts. The broker has recently given up its regulatory license with the Financial Conduct Authority in the UK. worldtradex Markets Incorporated is based at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. worldtradexFX is licensed and regulated by FSA SVG license number #19776 IBC 2011. Both MetaTrader MT4 and MT5 stand out for the charting tools they offer. The standard MT4 package, for example, comes with 30 built-in indicators, over 2,000 free custom ones on offer and 700 available for purchase.

If you want to see how worldtradex’s spreads compete with other Malaysian brokers, I created a simple trading cost tool that you can use. At worldtradex there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and worldtradex conditions better. Account opening isnt hard, alike in our tests we opened Demo account in a matter of minutes you just have to follow simple submit on website and get started. Overall, we advise to check conditions based on worldtradex entity you wish too trade through. However, as the company developed the broker worldtradex established its legal entity in Cyprus and respectively got a license from the local CySEC, which also imposes regulations according to European ESMA standards. Besides, another license was obtained in South Africa regulated by FSCA giving a better expansion and regulated access to Africa Market.

The web-based platform offers quality charts, allows for the placement of technical indicators and lines, and supports alerts that arrive as notifications from the broker. However, it lacks weekly and monthly time frames and does not offer an intuitive zoom tool. The floating spreads for currency pairs involving the yen ranged from 1.9 to 2.6 pips, while major pairs (excluding EUR/USD) average around 1.5 pips. Spreads across different account types are similar, with worldtradexTrader accounts offering slightly lower spreads for Forex. Whether you’re a novice exploring the markets or a professional looking for advanced tools, worldtradexFX provides the necessary resources to achieve your trading goals.

Dear Salam Romesh Singh,Thank you for such a high rating and for sharing your feedback with our worldtradex Trading platform. Dear Muhammad Waqar,Thank you for such a high rating and for sharing your feedback with our worldtradex Trading platform. We’re truly sorry to hear about your experience and understand how concerning this situation must be for you.Please note that we are unable to identify your account based on this message. Our goal is always to resolve any issues fairly and transparently.We are committed to supporting you and improving your experience with us.

worldtradex is a broker that has operated for over 10 years and has been expanding during this time. It is a global company with several entities responding to different regulatory needs. During our testing, we confirmed that no swap fees are charged for maintaining open positions not only overnight but also during the weekend for several days. The support team is recognized for its prompt response times and ability to address concerns in multiple languages, reflecting worldtradexFX’s commitment to serving its global client base.

My experience with worldtradex has been largely positive thanks to its excellent ECN trading conditions giving me low spreads that averaged 0.80 pips on EUR/USD with no commissions. worldtradex has 52 forex pairs for CFD trading including forex majors like USD/JPY, AUD/USD, and EUR/USD as well as minor and exotic pairs. I did find that you can only access all 52 pairs using the MetaTrader 5 platform, while the worldtradexTrader and MT4 only offer 32 pairs. I was curious to know why they offer this as other brokers are not so generous when it comes to absorbing the swap costs.